EQAL - Invesco Russell 1000 Equal Weight ETFEquity - US Equity
The Invesco Russell 1000 Equal Weight ETF (the "Fund") is based on the Russell 1000® Equal Weight Index (the "Index"). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is composed of securities in the Russell 1000® Index and is equally weighted across nine sector groups with each security within the sector receiving equal weight. The Fund and Index are re-weighted at the close of the close of third Friday in March, September, and December. It is also re-weighted at the close of the last Friday in June when the Russell 1000 is reconstituted.
|Index History (%)|
|Russell 1000 Equal Weight Index||-11.78||-3.88||3.84||4.91||N/A||5.29|
|Russell 1000 Index||-8.07||7.82||9.73||9.00||12.64||9.05|
|Fund History (%)|
|After Tax Held||-11.75||-4.39||3.33||4.34||N/A||4.73|
|After Tax Sold||-6.96||-2.07||2.84||3.64||N/A||3.95|
|Fund Market Price||-12.70||-5.06||3.27||4.48||N/A||4.86|
|Index History (%)|
|Russell 1000 Equal Weight Index||24.73||24.73||10.13||8.33||N/A||8.13|
|Russell 1000 Index||31.43||31.43||15.05||11.48||13.54||11.21|
|Fund History (%)|
|After Tax Held||23.71||23.71||9.47||7.68||N/A||7.48|
|After Tax Sold||14.52||14.52||7.61||6.29||N/A||6.13|
|Fund Market Price||25.02||25.02||9.95||8.08||N/A||7.90|
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
Growth of $10,000
Data beginning Fund inception and ending 12/31/2019. Fund performance shown at NAV.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
|Sector||Percent of Fund|
Market Cap & Style Allocations
as of 04/03/2020 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|TMUS||T-Mobile US Inc||0.55|
|ETRN||Equitrans Midstream Corp||0.34|
|SFM||Sprouts Farmers Market Inc||0.33|
|RRC||Range Resources Corp||0.33|
|FANG||Diamondback Energy Inc||0.32|
|PXD||Pioneer Natural Resources Co||0.32|
|EOG||EOG Resources Inc||0.31|
|PE||Parsley Energy Inc||0.31|
|CXO||Concho Resources Inc||0.31|
Risk & Other Information
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.
Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
The Russell 1000® Index is an unmanaged index considered representative of large-cap stocks. The Russell 1000® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.
The Russell 1000® Equal Weight Index is a trademark of Frank Russell Company and has been licensed for use by Invesco. The Product is not sponsored, endorsed, sold or promoted by Frank Russell Company and Frank Russell Company makes no representation regarding the advisability of investing in the Product.
Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs. ETFs disclose their full portfolio holdings daily.
Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.